Secure a fantastic investment with this solid brick, four-unit complex. With two units on the ground floor and two on the upper level, each 2-bedroom unit is neat, low-maintenance, and currently tenanted - offering excellent returns and future growth potential.
- Each unit features two well-sized bedrooms and a functional bathroom, offering comfortable living spaces suitable for tenants seeking affordability and convenience.
- The open-plan layout seamlessly integrates the kitchen and living area, creating an inviting environment for everyday living.
- Each unit comes with a dedicated carport located at the rear, providing secure off-street parking.
- Current Total Weekly Rent: $1,300 ($67,600 per annum)
- Minimal Outgoings including council rates, water availability, insurance, and lawn care
- Net Annual Return: Approx. $55,844.57
- Long Leases in Place (expiring 2025–2026), providing consistent rental income
Situated in a convenient location close to amenities, schools, and transport, this complex offers solid growth potential and a worry-free addition to any portfolio.
Council Rates: $6,958 per annum
*All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.